[Remember that even though I work for IBM I am an individual with my own thoughts and ideas. Anything I write here may not necessarily represent the views of the IBM Corporation or its partners... though I'm hoping that's only a matter of time before they catch up.]
Here's a quicky:
Due to Cloud Computing and many other factors, virtualization is becoming more and more significant in the computing landscape. Wouldn't it be great if virtulaization, specifically kernel-based virtual machines (KVMs), had a level of openness and standardization so that things worked smoothly across platforms? Seven technology companies (including IBM) have joined forces to start the Open Virtualization Alliance (openvirtualizationalliance.org) to examine this issue and find answers to the challenges presented.
As of this writing, the governing members are HP, IBM, Intel and Red Hat and the other members are BMC Software, Eucalyptus Systems and Suse. Overall not too bad a line-up. It would be fascinating to see some of the walls fall between systems and for virtualized environments to become pretty seamless. Ultimately I would like a world where it doesn't matter what environment anyone chooses; it all works together across the board. Maybe this is a stepping stone. Time will tell.